• MTS Futures News_PM_20171113

    13 Nov 2017 | SET News


• Asian shares stepped back in cautious trade on Monday as investors look to see whether U.S. Republicans can hammer out a tax reform deal quickly, while the British pound fell on growing doubts over Prime Minister Theresa May’s leadership.

•Tokyo's benchmark Nikkei .N225 dropped 0.9 percent, bringing down MSCI's Asia-Pacific Index .MIAP00000PUS 0.5 percent. Excluding Japan, shares in the region MIAPJ0000PUS were down just 0.1 percent, with mainland Chinese shares .CSI rising as much as 0.6 percent to two-year highs.

• European stocks are expected to open higher Monday as investors focus on earnings, while keeping an eye on tax reform plans in the U.S. and political woes in the U.K.

The FTSE 100 is seen up by 20 points at 7,453; the German DAX is seen higher by 6 points at 13,124 and the CAC 40 is set to open higher by 4 points at 5,381.

• Japan’s Nikkei dropped to a near two-week low on Monday as many sectors, including real estate and brokerage firms, languished after recent rallies, offsetting gains in companies with strong results such as Nissin Foods.

The Nikkei ended 1.3 percent lower to 22,380.99, the lowest closing level since Oct. 31 and its fourth straight daily decline. The broader Topix dropped 0.9 percent to1,783.49. Turnover was 2.7 trillion yen, the lowest level in 2-1/2 weeks.

• China’s major indexes extended gains on Monday, powered by banking firms, as investors cheered Beijing’s deregulation in the financial sector, mitigating wider concerns about higher corporate borrowing costs as bond yields rose.

The blue-chip CSI300 index rose 0.4 percent, to 4,128.07 points, while the Shanghai Composite Index also gained 0.4 percent to 3,447.84 points.

• Hong Kong’s benchmark stock index rose slightly on Monday, reflecting general caution in Asian equities as investors awaited details on whether U.S. Republicans could pass a tax reform deal quickly.

The Hang Seng index added 0.2 percent, to 29,182.18 points, while the Hong Kong China Enterprises Index lost 0.5 percent, to 11,684.51.


Reference: Reuters,CNBC

MTS Gold Co., Ltd.
40,42,44, Sapsin Road, Wang Burapha Phirom Sub-district, Pranakorn District, Bangkok, 10200
Tel. 0 2770 7777 Fax. 0 2623 9366 E-mail: support@mtsgoldgroup.com